Sentinel acquires Northeast Dental Management with its founder

Leading Provider of Dental Office Support Solutions Joins Sentinel Portfolio

NEW YORK, April 30, 2012 – Sentinel Capital Partners, a private equity firm that invests in promising middle market companies, today announced it has acquired Northeast Dental Management (NEDM), a leading dental services organization in the Northeast and Mid-Atlantic region. Terms of the deal were not disclosed.

Founded in 2003 by Dr. Craig Abramowitz, NEDM provides office support services to 30 locally-branded dental clinics in New York, New Jersey, Pennsylvania and Virginia. Headquartered in Paramus, NJ, NEDM provides over 100 affiliated dentists and their staff with services such as administrative staffing, human resources, purchasing, financial, and information technology. NEDM’s affiliated clinics provide patients with the highest quality dental care via a full suite of best-in-class general dentistry, oral hygiene, and specialty dental services, including oral surgery, periodontics, pedodontics and orthodontics.

"NEDM has an impeccable reputation for quality care and services," said Paul Murphy, a Sentinel Partner. "With an experienced and dedicated management team, and numerous avenues for continued growth, we look forward to building upon NEDM’s success."

Dr. Abramowitz, a dentist and industry veteran with more than 20 years of experience, will continue to run the day-to-day operations of NEDM as its CEO. Dr. Abramowitz will retain a stake in the business.

"NEDM could not have asked for a better partner than Sentinel," said Dr. Abramowitz. "Sentinel has a proven record in the dental practice management industry and recognizes the importance of providing high-quality patient care."

Sentinel’s investment in NEDM further expands its commitment to the dental and healthcare sectors. Sentinel’s dental portfolio has included Castle Dental Services and Metro Dentalcare, leading providers of general and specialty dentistry services; and ReachOut Healthcare America, the nation’s leading provider of mobile dental services to underserved children. Sentinel’s healthcare investments include Interim Healthcare Holdings, a leading provider and franchisor of home healthcare services; National Spine & Pain Centers, the top provider of interventional pain management procedures focused on relieving back and neck pain; North American Rescue, a leading supplier of tactical life-saving equipment to the U.S. military; and Wellspring Pharmaceutical Corp., a manufacturer and marketer of specialty pharmaceuticals in the U.S. and Canada.